The Long-Run Evolution of Absolute Intergenerational Mobility

• 成果类型: Article
• 署名作者: Berman, Yonatan
• 署名单位: University of London; King's College London
• 刊物名称: AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS
• ISSN/ISSBN: 1945-7782
• DOI: 10.1257/app.20200631
• 发表日期: 2022
• 页码: 61-83
• 关键词: UNITED-STATES; income inequality; opportunity; TRENDS; societies; fertility; france

摘要

This paper combines cross-sectional and longitudinal income data to present the evolution of absolute intergenerational income mobility in ten advanced economies in the twentieth century. Absolute mobility decreased during the second half of the twentieth century in all of these countries. Increasing income inequality and decreasing growth rates have both contributed to the decrease, yet growth is the dominant contributor in most countries. We show that detailed panel data are effectively unnecessary for estimating absolute mobility over the long run.